Forex Newsletters Archives

The Elevation Group Review – One Year On

A year ago Mike Dillard brought out his Elevation Group and the accompanying free video presentation. It was timely, interesting and firmly seized on the Zeitgeist of the global economic crisis and the left-field conspiracy theories that surround it (many of which emanate from writers and radio shows from Dillard’s home town of Austin, Texas).

As a member of the Elevation Group since the beginning, I was definitely on the same page as Dillard, although I disagreed with his scare mongering over hyper-inflation. I do agree that we need to do something to protect ourselves as the banks take people and governments for a ride and the middle class loses it’s wealth.

As I had already invested in gold and was starting to buy silver, I had that part covered, but I was very interested in some of the other things he was talking about. My initial opinion was good, as was my first Elevation Group review, although I did have a few bones to pick as we will now see….

The Elevation Group Review – The Negatives

Put simply, after a very successful launch, Mike Dillard rather shot himself in the foot with what he did next – or rather what he didn’t do.

With thousands of members, the Elevation Group started an extremely slow process of adding new content. It took several months for them to get going and for the price, it was hard to justify the membership for the amount of information on there – the only reason for staying was to see what the next “Lesson” would be next month. This frustrated many people (myself included) and a lot of people understandably left as a result. I actually left the elevation group at that point and then rejoined in September.

After a solid start with the video, my follow-up Elevation Group review was that it was good but needed a LOT more content to justify the price.

The Elevation Group Review – Conclusion

Ultimately, a year on, it is clear that the global financial meltdown is far from over – indeed the world is teetering on the brink of total collapse economically and it looks like we are heading for a global depression.

In that respect, Mike Dillard’s world view is still largely correct, although I still disagree with his views on some of the more extreme scenarios.

However, we both definitely have the same view that if you want to learn to look after yourself (which you need to, you cannot rely on the government or anyone else), then you need to think differently.

For those in America with a reasonable amount of money, it is particularly good value. I say this because it is quite US-centric although non-Americans can also benefit from this information, albeit you may need to hunt down experts in your country or region in order to apply the principles.

The information by the Elevation Group tax guy is excellent and the “bank of yourself” infinite banking material is also very good.

If you were to join the Elevation Group now, you would overcome the problems I mention above that those who joined last year had with too little content. All the previous lessons and modules are all available to read, watch and download at your leisure and there is now a wealth of information at your disposal.

I definitely recommend you take a look if you want some “out of the box” ideas for protecting and growing your wealth in these uncertain times.

You can get a tour of the Members Area by visiting the link below so you can see what’s inside for yourself:

==> Elevation Group Tour

I hope you enjoyed this updated Elevation Group Review

Elevation Group Review

 

 

Hi, I thought I would give you a quick update on our ongoing Million Dollar Pips live testing this week. Due to the excellent broker rebates I receive from Think Forex (more details below), I am up 40% so far despite the EA breaking even on trades.

If you haven’t heard of this EA before and would like to know more about it, please checkout our Million Dollar Pips Review.

Million Dollar Pips Live Testing

Million Dollar Pips Live TestingThe Million Dollar Pips (MDP) EA continues to intrigue me.

As a trading strategy, it’s probably not the greatest ever devised – it does make money but clearly not millions as the title would suggest!

Million Dollar Pips Live Testing with Broker Rebates

However, the main reason I think this EA has merit is that it enables you to take advantage of the broker rebates with Think Forex – an excellent, relatively new broker (sadly they don’t accept US clients).

Although I used the wrong settings and had a large draw down that I shouldn’t have, the EA has now broken even for me BUT has placed 2,406 orders!

Since we can get rebates from the broker on the trades, the trading activity of the MDP robot has delivered the goods in terms of profits – as Million Dollar Pips has traded 116 lots at $3.50, the rebate so far is $405 or 40% profit in 5 months.

Million Dollar Pips Live Testing – How to Join In

You can get detailed updates from Capsmart and other users in our Million Dollar Pips Live Testing Forum section:

==> Million Dollar Pips Forum

If you want to join in the action, you can get a copy of Million Dolar Pips from the link below:

==> Million Dollar Pips EA

Have a great week and I hope you enjoyed this update on our Million Dollar Pips Live Testing

Hi, I hope all is well.

New Look Site

Marc is away today, but we have been working hard behind the scenes to improve Forex FX Trader and make it as good a resource as we possibly can.

We also intend to revamp & update the forum in the next few weeks so don’t forget to drop by. We’ve been a bit quiet of late, getting the new look site sorted out and also battling the very volatile markets.

The improvements will be live in the next few days, and we hope you like it!

Current EA Testing

Vassilis (aka Capsmart) has been very busy testing forex robots/ EAs and we will start with the latest, greatest forex robot the newstradersniper later this week– You can keep up with the results on “live accounts” by clicking these links which take you to the relevant forum posts: Forex Growth Bot and Million Dollar Pips and here is the News Trade Sniper update.

The latter trades highly volatile news announcements, something I would normally never go near as its usually very stressful and although these strategies can work on small accounts they invariably do not when you move up to bigger accounts. The makers of this ea of course claim they have found a way around this and say they never had a losing month in the last 2 years. We shall see. There is no point testing this strategy on a demo account as it will work perfectly, on a live the opposite is often the case. We will attach it to a $1000 live account, post the myfxbook stats in the forum and we can all see if it really is as good as they claim.

Forex Growth Bot is a breakout strategy on the Euro USD pair.

We don’t normally like robots as you know, but this one is very different to the normal scalpers, because it has a very good risk reward ratio – it loses around 57% of the time yet has made some amazing gains as you can see from the MyFXBook results – http://www.myfxbook.com/members/fxgrowthbot/forex-growth-bot/71611

Million Dollar Pips is a scalping robot that was doing very well. However, last week was a bad one. If you try this forex robot it is vitally important that you only do so if you receive cash back rebates. Marc is currently approximately 8% down on his live account BUT that was due to a mistake with the settings, it was down 30% before he realised so it has recovered most of that loss. Marc has earned over 20% in forex rebates, so the EA is still reasonably well ahead. The best broker we have found for the million dollar pips ea is Think Forex if you use that link to open an account you will automatically be entitled to rebates via the Aslan Group.

You can join in the action, get the best settings and ask Capsmart for advice in our Forum.

Have a great week.

The Forex FX Trader Team.

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